3830062, 69W-700.005 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 3830062

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Securities

Chapter:

REGISTRATION OF SECURITIES

Overview

RULE:

69W-700.005

Promoters Equity Investment Ratio

PURPOSE:

Chapter 2006-213, Laws of Florida, contains amendments to Chapter 517, Florida Statutes, relating to the Florida Securities and Investors Protection Act.  This law requires financial statements to be prepared in accordance with United States generally accepted accounting principles.  The rule is amended to reflect this requirement.

SUMMARY:

The proposed rule amendments provide that financial statements must be prepared in accordance with United States generally accepted accounting principles.

RULEMAKING AUTHORITY:

517.03 FS.

LAW:

517.081 FS.

PRINT PUBLISH DATE:

2/23/2007 Vol. 33/08

COMMENTS:

From 2/23/2007 To 3/16/2007 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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